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The state’s Division of Financial Services faults the Office of the Comptroller for using an aging system to process retiree benefits. But decades-old legacy platforms are common in both the private and public sectors.

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CIO Journal provides time-pressed CIOs with a definitive destination for the most relevant news and analysis, to help them connect the dots between technology trends and business strategy. Its team of reporters and editors—aided by the resources of Dow Jones and thousands of other premium news sites—focuses on the use of technology as a tool for business growth. Contact our editors with news items, comments and questions at: ciojeditors@wsj.com.